Do you intend to have
* Equipments/Machinery for your Industry or for BMRE of your project.
* Capital machinery & equipments for your business/profession or everyday life.

We finance Leasing of
* Capital Machinery.
* Heavy construction equipments.
* Lifts/ Elevators.
* Air Conditioners.
* Vehicles like Luxury bus, Mini-bus, Taxi-cab, Car, Pick-up, Trucks, etc.
* Medical equipments.
* Generators, Computers, etc.
* Apartment/Building.
* Other costly consumer's durable.

The City Bank Limited offers lease financing facilities on the’ above items under pleasing atmosphere.

The Basic Terms
Selection Autonomy:
The lessee bears all the liberty to decide and select the brand, specifications, price, supplier/seller and purchase terms & conditions of the leased items.

Lease term:
i) Capital Machinery, Equipment and Medical Instrument - Maximum 5 (five) years.
ii) Vehicles & other Consumer durable - Maximum,4(four) years.
iii) Apartment/Building Case to Case basis.

Payment Mode:
Entire financed amount along with interest and charges would be recovered by equal monthly installments.

Lease Deposit :
A minimum deposit equivalent to 3 (three) months lease rentals is required which shall be refunded/adjusted on expiry of the lease term.

Security :
a) Leased item itself
b) Bank/Insurance guarantee
c) Encashable securities like FDR, BSP, Share Certificates of listed companies, ICB unit Certificate etc.
d) Immovable properties alongwith cash security if the value of tangible security falls short of the value of leased assets and
e) Personal guarantee of a gentleman acceptable to the Bank.

Insurance :
You have to take insurance coverage on bank stipulated insured value for the entire lease term at your own cost (Year to year basis).

Maintenance:
You have to maintain the leased items in usable condition throughout the whole lease period at your cost; and shall be solely responsible for any damage or loss although insurance will cover most of the abnormal risks.

Options on expiry of the lease term.
a) You may acquire ownership of the Leased item(s) on payment of nominal value or an agreed price with you.
b) Return the Leased item(s), to the Bank. If option 'a' is adopted, transfer fee shall be borne by you,

Your Benefits
Budgeting within Budget:
The City Bank Ltd. can make the acquisition of the required assets for you when your budget does not allow you to buy it.

Full Funding:
Under the method we provide 100% funding while only 50%-60% of financing is made under traditional system.

Financial need meet up without out-flowing own fund:
You can acquire the articles keeping your capital intact. Thus leasing helps to build up your fund raising capacity.

Financial Flexibility:
Through leasing capital will not be tied up with the acquisition of assets. You can invest your costly capital elsewhere for more profitable venture.

Prompt Service:
Process of appraisal and documentation is simple and faster as compared to those of other financial institutions, which ensure quicker disbursement.

Off-Balance Sheet Facility:
You can acquire the asset for use without recording the lease obligations as liability in your books of accounts since the CBL owns the asset. This will improve your financial performance as will be revealed from financial ratio analysis.

Tax Benefit:
Your organization will enjoy more tax benefits, as payments of lease rentals by you are entirely revenue expenditure and thus deductible for tax purposes.

Sales Aid Device:
If you are a Manufacturer/ Dealer, you may utilize leasing as a sales promotion tool for achieving sales target.

For More Details Please Contact :
The Manager of any of the following Branches of The City Bank Limited.

1	Principal Office, Dhaka.		2	B. B. Avenue Branch, Dhaka.
3	Kawran Bazar Branch, Dhaka		4	New Market Branch, Dhaka
5	Gulshan Branch, Dhaka		6	Foreign Exchange Branch, Dhaka
7	Imamgonj Branch, Dhaka		8	Islampur Road Branch, Dhaka
9	Posta Branch, Dhaka		10	Tanbazar Branch, Narayangonj
11	Agrabad Branch, Chittagong		12	Khatungonj Branch, Chittagong
13	Khulna Branch, Khulna		14	Comilla Branch, Comilla
15	Bandarbazar Branch, Sylhet		16	Bogra Branch, Bogra

Or
Senior Vice President
Lease Financing Wing
The City Bank Limited
Head office
Jiban Bima Tower, 10, Dilkusha CA, Dhaka
Phone : 9571993 Pabx : 9565925-34 Ext : 163